
Appeals Court Decisions Shake Security Interests for Lenders

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MELVIN S. HOFFMAN (mhoffman@lgllp.com) is a partner and chair of the bankruptcy practice group at Looney & Grossman LLP in Boston. He is a member of the American Bankruptcy Institute and REBA, the Real Estate Bar Association for Massachusetts. Hoffman represented the losing side in the Ostrander v. Gardner and Furman case cited in this column. |
By Melvin S. Hoffman In two very recent decisions, Collins v. Greater Atlantic Mortgage Corporation , et als (In re Lazarus), and Ostrander v. Gardner and Furman (In re Millivision), the U.S. Court of Appeals for the First Circuit seems have proclaimed the end of the era of liberal statutory interpretation with respect to trustee avoidance actions under the U.S. Bankruptcy Code.
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